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Listing content provided by CREA DDF®. Not intended to solicit properties currently listed for sale.

←Back to Ottawa properties

$1,250,000

For Sale

8 bed · 5 bath

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←Back to Ottawa properties

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For Sale

$1,250,000

MLS® X12905856

309 CYR AVENUE

Ottawa, Ontario, K1L7N6

Beds / Baths
8 bed · 5 bath
Property type
Multi-family
Building
Other
Lot size
64 x 96 FT
Parking
5
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Property facts

Beds / Baths
8 bed · 5 bath
Property type
Multi-family
Building
Other
Transaction
For Sale
Lot size
64 x 96 FT
Parking
5

About this property

Prime Investment Opportunity in Ottawa Turnkey 5-Plex with Excellent Returns: Welcome to 309 Cyr Avenue, an exceptional chance to secure a fully tenanted, income-producing 5-unit property in a desirable Ottawa neighbourhood. Whether you're an experienced investor or looking to grow your portfolio, this asset delivers reliable cash flow today with strong upside potential. This well-maintained 5-plex offers a versatile mix of spacious, updated units occupied by quality tenants. The exterior has been recently renovated, boosting curb appeal and minimizing capital expenditures in the years ahead. Inside, with room to further enhance rents and maximize income, this property has much upside potential. With steady income in place and under-market rents, this property is perfectly positioned for a new owner to unlock additional value through strategic updates and rental increases over time. Key Features: Five fully rented units with strong tenancy history; Newly renovated exterior low maintenance for years to come; Excellent location close to schools, transit, shopping, and Ottawas downtown core;; Opportunity to increase revenues and build long-term equity This is your chance to acquire a turnkey multi-unit property in one of Ottawas most robust rental markets. Properties of this calibre and income potential rarely become available. Don't wait, schedule your private tour today and see everything 309 Cyr Avenue has to offer! Contact the listing agent for full financial statements, rent rolls, and to arrange a confidential viewing. (id:53361)

Features & details

Sewer
Sanitary sewer
Water
Municipal water
Cooling
None
Heating
Baseboard heaters, Electric
Parking
No Garage
Basement
Full
Exterior
Brick, Aluminum siding
Fireplace
false
Appliances
Washer, Refrigerator, Stove, Dryer, Hood Fan
Photos Count
45
Tax Annual Amount
8759
Originating System
Ottawa Real Estate Board
Internet Address Display
true

Rooms

  • Living room

    2.13 x 3.35

    Main level

  • Bathroom

    1.53 x 2.44

    Main level

  • Laundry room

    2.77 x 4.3

    Basement

  • Den

    2.77 x 3.97

    Basement

  • Living room

    4.59 x 2.76

    Main level

  • Dining room

    2.76 x 2.45

    Main level

  • Kitchen

    2.44 x 2.29

    Main level

  • Bedroom

    3.06 x 3.36

    Main level

  • Bathroom

    3.36 x 2.74

    Main level

  • Bedroom 2

    4.9 x 3.67

    Second level

  • Living room

    3.05 x 4.59

    Main level

  • Kitchen

    3.38 x 2.13

    Main level

  • Dining room

    4.28 x 2.45

    Main level

  • Kitchen

    2.44 x 2.44

    Main level

  • Bathroom

    3.35 x 2.75

    Main level

  • Bedroom

    3.67 x 2.75

    Main level

  • Den

    2.45 x 3.38

    Main level

  • Living room

    3.38 x 3.69

    Second level

  • Bedroom

    2.44 x 3.35

    Main level

  • Dining room

    2.44 x 1.84

    Second level

  • Kitchen

    3.06 x 3.69

    Second level

  • Bathroom

    2.16 x 1.52

    Second level

  • Bedroom

    3.96 x 3.66

    Second level

  • Bedroom 2

    3.38 x 3.66

    Second level

  • Bedroom 2

    3.05 x 3.35

    Main level

  • Bathroom

    2.13 x 2.44

    Main level

  • Den

    3.35 x 4.27

    Basement

  • Laundry room

    2.13 x 2.74

    Basement

  • Living room

    2.74 x 5.82

    Main level

  • Kitchen

    3.67 x 1.86

    Main level

  • Bedroom

    3.67 x 2.77

    Main level

RoomLevelDimensions
Living roomMain level2.13 x 3.35
BathroomMain level1.53 x 2.44
Laundry roomBasement2.77 x 4.3
DenBasement2.77 x 3.97
Living roomMain level4.59 x 2.76
Dining roomMain level2.76 x 2.45
KitchenMain level2.44 x 2.29
BedroomMain level3.06 x 3.36
BathroomMain level3.36 x 2.74

Location

309 CYR AVENUE, Ottawa, Ontario, K1L7N6

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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. The listing content is protected by copyright owned by CREA or its member Boards / Associations. Listing data is believed to be reliable but is not guaranteed by CREA or this brokerage.

Bedroom 2Second level4.9 x 3.67
Living roomMain level3.05 x 4.59
KitchenMain level3.38 x 2.13
Dining roomMain level4.28 x 2.45
KitchenMain level2.44 x 2.44
BathroomMain level3.35 x 2.75
BedroomMain level3.67 x 2.75
DenMain level2.45 x 3.38
Living roomSecond level3.38 x 3.69
BedroomMain level2.44 x 3.35
Dining roomSecond level2.44 x 1.84
KitchenSecond level3.06 x 3.69
BathroomSecond level2.16 x 1.52
BedroomSecond level3.96 x 3.66
Bedroom 2Second level3.38 x 3.66
Bedroom 2Main level3.05 x 3.35
BathroomMain level2.13 x 2.44
DenBasement3.35 x 4.27
Laundry roomBasement2.13 x 2.74
Living roomMain level2.74 x 5.82
KitchenMain level3.67 x 1.86
BedroomMain level3.67 x 2.77